Answer:
The answer is c. remains constant in total with changes in the level of activity.
Explanation:
In a cost structure of a firm, for decision-making purpose, it is usually divided into fixed cost and variable cost.
Variable cost is the type of costs which will increase following an additional production of an extra unit of product/service, that is, level of activity has been risen up given the production is taken place. A good example of these cost are material cost, labeling cost.
Fixed cost, as it name may tell, is costs that are unchanged regardless of a firm's activities level. That is, regardless of how many product/service is produced, these costs remain the same. A good example of these cost are depreciation cost, rental cost.
Answer: The answers are DECLARATION; LIABILITY; REDUCED; HOLDER-OF-RECORD DATE
Explanation: Dividend is a sum of money aid regularly by a company to its owners. A Stockholder listed as an owner on the holder-of- record date is entitled to dividend when declared.
When a dividend is declared, it is stated as a liability as it becomes a debt to the organisation. This dividend payable is taken from the retained earnings of the organisation.
<span>Muckrakers were writers who mostly wrote about corruption in government and business. These American journalists were critics of many things. They earned their name from President Theodore Roosevelt who borrowed the term from John Bunyan's "Pilgrim's Progress" where a customer was so occupied in raking muck that he paid no attention to anything around him. These muckrakers drew attention from the public about problems in society and garnered strong support from the progressive movement.</span>
That statement is true.
<span>outright bequest is another term for 'inheritance;.
When a man dies without writing any particular will, all of the assets that the man possess would be given to the spose. Due to unlimited marital deduction, the wife does not need to pay any form of taxes for all the wealth that she recieved</span>
Answer:
Total Selling Expenses for the month of February is $241,000
Explanation:
Sales Commissions ($700,000 of sales x 5%) = $35,000
Sales Manager Salary = $96,000
Advertising expenses = $90,000
Shipping expenses = ($700,000 of sales x 2%) = 14,000
Miscellaneous selling expenses = ($2,500 + $700,000 x 1% x 0.5) = $6,000
Total Selling Expenses (Summation of all the calculated above working)= $241,000
